Shan Ahmed Khan

January 17, 2026, 9:08 AM EST. Nova's shares sit at US$445.70 after a run of gains that has driven multi-year returns higher. Seven-day, 30-day and YTD performance are strong, with 1-, 3-, and 5-year gains accelerating investor attention. Valuation checks from Simply Wall St place Nova at a 1/6 value score. In valuation models, the DCF approach, using a 2-stage Free Cash Flow to Equity method, pegs an intrinsic value of $83.32 per share, versus the current price, suggesting the stock is overvalued by about 435%. The P/E stands at 53.94x, above the industry average of 43.37x but below the peer average of 72.44x, implying the stock trades at a premium to the sector yet not far from peers. Overall, rally has challenged traditional value math.